New analysis reveals graduates in every region earn at least a third more

• By age 31 graduates earn on average a third more than non-graduates that could have gone to university (between 32-37%).
• Graduates earn nearly twice as much as other employees in some regional sectors – earning 96% more in the accommodation sector in the West Midlands, and 85% more in financial services in the East of England. 
• This money benefits graduates’ wider communities, and the country as a whole - based on recent analysis, graduate skills, are estimated to have an economic impact of £95 billion nationwide in 2021-2.
• There is also a clear trend across the country – that those regions with more graduates are more productive, driving economic growth. 
• The industries of the future, those that the government has set out as driving growth over the next decade, are heavily dependent on graduate skills- including the creative sector (76%), Professional and business services (74%) and life science sector (73%).

Across England, graduates outperform non-graduates by approximately a third ten years after graduation. Even for those working in sectors which are commonly perceived as not needing degree-level training, such as arts and entertainment, the salary premium is clear, standing at 42%. 

This analysis shows that a degree allows graduates from all regions to earn more. These graduates are driving growth for the country, and will be the backbone of those areas the government have set out as delivering growth and opportunity to local economies.